Eurozone PMI services finalized at 50.5, significance of services inflation receding into the background

Eurozone PMI Services was finalized at 50.5 in June, up from 49.7 in May. Composite PMI ticked up to 50.6 from 50.2. Although the bloc returned to modest expansion, performance remained uneven across major economies. Germany hit a three-month high at 50.4, while France fell to 49.2. Ireland, despite slowing to a five-month low, remained […]

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